5 River Rd.
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2014 | Sold | ||
| Sold | |||
| Mar 25, 2014 | Listed by Realty One Group Nest | $24,000 | |
| Listed by Realty One Group Nest | |||
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A unique opportunity to own river frontage on the Merrimack River. This is the perfect spot to put your dock in with 150 feet of road and river frontage. This piece of property is featured in the car crash scene in the movie "The Edge Of Darkness" featuring Mel Gibson.
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| Aug 25, 1989 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017